Continuation clause. Hull Time policies can contain a “continuation” clause. As a rule, time policies are made for a maximum of 12 months, but obviously it is impossible to judge in advance whether the vessel will be at sea or not on expiration of the policy.

Class surveyors’ assistance to vessel. If a vessel has sustained damage to such an extent that her seaworthiness may be affected, the master will contact the surveyor of the classification society, in order to ascertain what repairs have to be carried out for the maintenance of class.

Charterer. The person or corporation hiring a ship for the carriage of goods or passengers (either a "time Charterer" or a "voyage Charterer") or leasing the ship for his own management and control (a "bareboat/demise Charterer").

Cross trades. On trade routes between two places or countries the ships belonging to each country may have a large share of the trade but ships belonging to other countries may be allowed to carry cargo as “cross traders”.

CY (Container yard). This is the container base from where the carriage will commence or where the ocean carriage ends. It is usually in the container port facility and is under the control of the ocean carrier.

The CY can also be under the control of other carriers, for example, at a railway yard or at an airport.

Cargo and bills of lading. The bill of lading is essentially a receipt for cargo. Therefore the statements in the document connecting the bill of lading and cargo are of great importance to the buyer of the goods, the consignee or endorsee, the banks in a documentary credits system and the possibility of liability of the earner. Statements can refer to the nature, condition, quality and quantity of the cargo.

Colliery scale. Scale rates can be incorporated into a charterparty depending on the place of loading. These are rates, which are set by organisations, which publish standard-form- charterparties after discussion with shipowners and collieries at the ports of loading. The scale rates also contain rates for demurrage.

Charter. The contract to carry goods by sea or to hire or lease or use a ship. "To charter" means to enter into the contract. The contract can be for a period of time ("time charter" or "bareboat charter") or for one or more voyages ("voyage charter").